A Florida pension fund will ‘take action to replace’ a domestic large-cap value equity manager and an international equity manager if performance does not improve.
A Windy City pension plan’s investment committee will recommend a pair of international small-cap equity manager hires to the full board at its meeting Wednesday.
A Great Lakes-based pension plan will hear a recommendation on global equity manager Hexavest following a full due diligence, while a West Coast plan will discuss watchlist placement for the firm later this week.
A West Coast pension plan hired a new core fixed-income manager and terminated an emerging markets equity manager as part of a new international equity structure at today’s board meeting.